Apple analyst Guo Ming said he expects Apple to launch a new design HomePod with about 7 inches of panels on the 1H24, with Tianma as the exclusive panel supplier.
Apple may launch a new design HomePod with about 7 inches of panels on 1H24, with Tianma as the exclusive panel supplier.
The panel-equipped HomePod enhances integration with other own hardware products, a key shift to the company’s smart home strategy.
See Tianma’s long-term growth trend in the Apple supply chain positively. In the future, Tianma is expected to follow the growth model of BYD Electronics or BOE in the Apple supply chain, which means to start from low-level products, gradually increase the proportion of shipments and achieve higher standard products through technical capability upgrading. If shipments go well, Tianma’s next Apple order could be an iPad panel.
Tianma currently has a full capacity of Android mobile phone panel, and its capacity utilization rate is better than its competitors. If this full capacity continues to 2H23, the revenue and profit in 2023 could beat market expectations.
Post time: Mar-17-2023